Everyone knows they are pursuing Rentails. Everyone also knows the timeframe for Rentails is long. However, making a small, generalised comment about potential acquisitions is not a stated capital allocation plan.
If the tin price stays the same or increases then the calls will get louder as the cash builds up.
The concern here is that MLX while doing great operationally seem to have little interest in making any effort to increase the share price through marketing or communication. Very few announcements, no presentations, no roadshows etc. This is all while APAC creep up the register.
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 (20min delay)
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Last
54.5¢ |
Change
0.015(2.83%) |
Mkt cap ! $483.0M | |||
| Open | High | Low | Value | Volume |
| 54.0¢ | 54.8¢ | 53.5¢ | $978.7K | 1.807M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 20196 | 54.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 54.5¢ | 90405 | 3 |
View Market Depth
| Last trade - 16.11pm 24/06/2025 (20 minute delay) ? |
| MLX (ASX) Chart |